AviTrader sponsorship ad

Air capacity to China slashed by 80%

A report by ForwardKeys, the travel analytics company, reveals that four fifths of flight capacity between China and the rest of the world has been cut back as a consequence of the coronavirus outbreak.  

In response to emergency government regulations, seat cancellations began in early February and by the third week of the month, only 20% of seats remained in service.

Looking at the different regions of the world, Asia has experienced the greatest impact in terms of the total number of seats lost, at around 5.4 million in March. In percentage terms, travel to North America is worst affected: American, United, Delta, and Air Canada cancelled all their flights to mainland China; and Chinese carriers cut their capacity by 70%. Between China and Europe, over 2,500 flights have been axed in March: the three major Chinese carriers cut capacity by 69%; while BA, Lufthansa and Finnair ceased their services completely. Qantas and Air New Zealand also stopped flying to China, which left only about 200 flights in March to Oceania, provided by Chinese airlines. Capacity between China and the Middle East & Africa is also substantially down but less in both percentage and absolute numbers. Most flight suspensions are currently due to remain in force until March 28, the end of the winter season.

According to China’s Civil Aviation Authority, during the third week of March, 72 destinations in 38 countries had direct air links to China, which is around a third of the pre-crisis level. 

Olivier Ponti, VP Insights, ForwardKeys said: “At the start of the year, we were looking at another year of healthy growth in air travel from China. But now, we are witnessing the grounding of aircraft on an unprecedented scale. The loss in seats is more than the entire outbound market from the five Nordic countries combined.”

Friday April 26, 2024
IndiGo is introducing wide-body aircraft into its fleet with an order for A350-900 aircraft © Airbus
IndiGo, India’s leading airline, has finalised a firm order for 30 A350-900 aircraft, marking a significant expansion opportunity for IndiGo to broaden its network and connect various Indian metros to destinations worldwide. These aircraft will be equipp... Read More »
Friday April 26, 2024
American Airlines has posted a net loss of US$312 million for the first quarter © American Airlines
American Airlines (American) has achieved record first-quarter revenue of approximately US$12.6 billion. However, it reported a net loss of US$312 million. Excluding net special items, the net loss was US$226 million. Despite challenges, American Airlines Grou... Read More »
Friday April 26, 2024
Cassio 330 electric-hybrid aircraft © VoltAero
In a significant advancement for VoltAero’s Cassio e-aircraft family, the company has commenced certification testing for the five-seat Cassio 330’s parallel electric-hybrid powertrain. The powertrain, mounted on a ground-based test bench, incorpor... Read More »
Friday April 26, 2024
H175 helicopter in flight © Airbus Helicopters
GD Helicopter Finance (GDHF), a newly established helicopter leasing and finance firm headquartered in Dublin, Ireland, has finalised a deal with Airbus Helicopters and GDAT for up to 20 H175 helicopters. The agreement comprises ten firm orders and ten options... Read More »
Friday April 26, 2024
LTM has completed its first base maintenance on a Boeing 787 Dreamliner © LTM
Lufthansa Technik Malta (LTM) has achieved a significant milestone by successfully completing its inaugural base maintenance on a Boeing 787 Dreamliner. The completion of the C-check on LOT Polish Airlines‘ B787-9, registered as SP-LSC, follows closely a... Read More »
Friday April 26, 2024
Airbus
Airbus has unveiled its consolidated financial results for the first quarter ending March 31, 2024 (Q1 2024). The company reported robust performance across its commercial aircraft, helicopters, and defence and space divisions. Gross commercial aircraft orders... Read More »
Thursday April 25, 2024
Turkish Airlines will receive six Boeing 737 MAX 8 aircraft from CDB Aviation © AirTeamImages
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed new lease agreements for a fleet of seven additional narrow-body and wide-body aircraft with its existing customer, Turkish Airlines (Turkish), ... Read More »
Thursday April 25, 2024
Condor took delivery of its first A320neo at a ceremony in Toulouse, France © Airbus
Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By... Read More »
Thursday April 25, 2024
IAG Cargo has transitioned its 160-strong ground vehicle fleet at London Heathrow from diesel to hydrotreated vegetable oil (HVO) © IAG Cargo
IAG Cargo, the cargo arm of International Airlines Group (IAG), has successfully transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO). HVO, derived from plant waste and fully renewable materials, s... Read More »
Thursday April 25, 2024
AJW has acquired one B787-900 Dreamliner © AJW Group
In a new development, AJW Group, a globally renowned independent provider of aircraft component parts, repair, and supply chain solutions, has announced the acquisition of a Boeing 787-900 Dreamliner. AJW Group has solidified its position with the acquisition ... Read More »
Thursday April 25, 2024
IBA predicts that the engine CFM56-7B is seeing the highest market value change with an increase of around 20% from 2023 to 2024
Aviation market intelligence and advisory company IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The latest IBA analysis shows that engine leasing activity... Read More »
Thursday April 25, 2024
Boeing has posted a first-quarter loss of US$355 million
Boeing, on April 24, disclosed a US$355 million loss for the initial three months of the year, grappling with a quality dilemma stemming from a January 5 flight where a panel detached from one of its aircraft. The reported loss, though significant, was less se... Read More »
Wednesday April 24, 2024
Ascent AeroSystems all-weather coaxial helicopter drone © Robinson Helicopter Company
Robinson Helicopter Company (RHC) has completed the acquisition of Ascent AeroSystems, which now operates as a wholly owned subsidiary of Robinson Helicopter Company. This strategic move underscores Robinson’s commitment to advancing innovation, expediti... Read More »
Wednesday April 24, 2024
JetBlue
JetBlue, ‘New York’s Hometown Airline®’, has unveiled its financial performance for the first quarter ending March 31, 2024. The airline disclosed a net loss of US$716 million, representing a year-on-year revenue decline of 5.1% to US$2.2 billion. As of... Read More »
Wednesday April 24, 2024
Spirit AeroSystems Wichita, Kansas
Spirit AeroSystems has disclosed an agreement with Boeing, whereby the aerospace giant will furnish advance payments totalling US$425 million, according to REUTERS news agency. This agreement aims to assist Spirit in addressing challenges such as elevated inve... Read More »
Wednesday April 24, 2024
RTX
RTX has reported first-quarter sales of US$19.3 billion, marking a 12% increase over the previous year. GAAP EPS rose by 32% to US$1.28, which included various adjustments such as acquisition accounting adjustments, tax audit settlements, and gains related to ... Read More »
Wednesday April 24, 2024
The new five year support contract was signed during MRO Americas in Chicago © Fokker Services Group
During the MRO Americas event, Fokker Services America (a subsidiary of Fokker Services Group, FSG) and HAECO have signed a component service support agreement for a duration of five years. This agreement positions FSG to deliver exceptional component servicin... Read More »
Wednesday April 24, 2024
Codeshare flights between ANA and Air India to connect Japan and India will begin in May 2024© ANA
All Nippon Airways (ANA) and Air India, India’s national flag carrier, have formalised a commercial agreement signalling the commencement of a codeshare partnership facilitating connectivity between Japan and India. Commencing on May 23, this collaborati... Read More »
Tuesday April 23, 2024
Robins Hayes
Robin Hayes, the former CEO of JetBlue Airways, has been selected to succeed C. Jeffrey Knittel as Chairman and Chief Executive Officer of Airbus Americas, effective June 3, 2024. Hayes, with a wealth of experience in global aerospace leadership, will take the... Read More »
Tuesday April 23, 2024
Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy © Textron Aviation
Textron Aviation has supplied the first two of potentially 64 Multi-Engine Training System (METS) Beechcraft King Air 260 aircraft contracted by the Naval Air Systems Command (NAVAIR) on January 25, 2023, after a comprehensive competitive process. The Beechcra... Read More »
MRO Americas 2024

2023 MEDIA KIT

Aviation Media Pack

Learn more on how AviTrader can expand your market

Please contact

Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada

Subscribe to the most widely accepted news source in the aviation industry!


Free Daily, Weekly and MRO Publications delivered to your Inbox!
News Alerts, Editorials, Marketplace, Executive Interviews +more

Select publications:

*we respect your privacy and AviTrader will not share your email address to any 3rd Parties.

Scroll to Top
AviTrader

FREE
VIEW